Find the perfect real estate agent in Red Lodge, MT

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Red Lodge, MT real estate

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Red Lodge real estate Market Report.

Information and statistics on the latest trends in the Red Lodge real estate market, updated for October 2025. *

The typical home value in Red Lodge is projected to be $492,420 for the month of September. August’s finalized data reported the typical value of a home in the city to be $534,940—up 1.24% over the previous 12 months. For comparison, county-level data pegged home values at $409,500 in Carbon County for the most recent reporting period. That number is expected to float around $276,750 in September.

Red Lodge had 6 new listings and 9 listings that went under contract in August, decreasing the area’s total available inventory to 54—down 3.57% from the previous month. Inventory is projected to have further decreased in September.

Of those 54 active listings, 22.22% reduced their price in the month of August. The median listing price for homes in Red Lodge grew 4.88% from July to August, bringing the current median listing price to $604,000. Based on projected data for September, listing prices may continue to grow.

The number of days that homes have been on the market prior to going under contract fell year-over-year. In August 2025, the median time for a listed property to go pending was 99 days, compared to 136 days in August 2024. In recent months the median number of days from listed to pending appears to be decreasing. That trend is predicted to have carried through to this September.

Red Lodge, MT real estate
60
Buyer’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.

* Data provided by Redfin, a national real estate brokerage.

Learn more about what Red Lodge has to offer.

Red Lodge offers residents a vibrant blend of outdoor adventure, rich Western heritage, and a welcoming community atmosphere.

Red Lodge greets you with mountain views, a walkable historic Main Street, and a calendar full of outdoor possibilities. Set in Carbon County, the town is the eastern gateway to the legendary Beartooth Highway, a spectacular route leading into Yellowstone National Park. Winter brings powder days at Red Lodge Mountain, while summer offers trout-rich creeks, trailheads into alpine basins, and wildlife encounters at the nonprofit Yellowstone Wildlife Sanctuary.

Families appreciate the scale and spirit of Red Lodge Public Schools, where small classes and close-knit campuses support academics, arts, and athletics. The district’s community-centered approach pairs well with year-round youth programs and easy access to outdoor education. Town services are robust for a community this size, and the City of Red Lodge provides updates on parks, utilities, and local initiatives that keep daily life running smoothly.

Weekends can swing from rodeo stands to backcountry trailheads, with boutique shops, coffeehouses, and locally owned restaurants fueling the in-between. When you need broader retail, concerts, or flights, Billings is about an hour away, and a scenic drive over the pass drops you toward Cody for museums and western lore.

Whether you’re upgrading, downsizing, or planting roots for the first time, Agent Pronto can connect you with a top local real estate professional to guide your move in Red Lodge—helping buyers find the right fit and sellers achieve the best result.

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Within a few minutes, I was paired up with an awesome agent who really knew the local area and helped me find a great condo in a super tight market. It was daunting to think about how to find the right agent. Agent Pronto got me the right agent, pronto!

Sarah W.

Take the guesswork out of finding an agent.

With over 2 million real estate agents across the U.S., it’s not easy deciding who to trust when buying or selling a home.

We’ve analyzed performance metrics, close rates, specialties, and client reviews of the top real estate agents in Red Lodge to qualify the best agents for your specific needs.

We know that choosing the right real estate agent can be a stressful task. With Agent Pronto, it doesn’t have to be.

Data analysis with a human touch.

Agent Pronto works through troves of local and national housing data, client reviews, and agent performance metrics to find the top agents in Red Lodge. But we don’t stop there.

Our Agent Specialists will take into account any special requests you have when searching for your real estate agent recommendation.

Need a great agent who speaks fluent Spanish and is a luxury condo expert in your neighborhood? No problem!


Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Red Lodge. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.